26 LINDA MAR Drive
About This Property
This home also has an expansive deck and third level 'widows walk' with direct ocean views. New granite countertops and appliances fill the kitchen. Also has custom laundry cabinets w/ brand new drum style washer and dryer.
INVESTORS: The attached apartment is currently rented month to month and generates $1100 per month and the house rents between $2500 and $3000 per month.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2022 | Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | $749,000 | |
| Listed by SUNSHINE REALTY & VACATION RENTALS, LLC | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 29, 2018 | Sold | ||
| Sold | |||
| May 7, 2018 | Listed | $529,000 | |
| Listed | |||
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Amazing Beach Side Community! This Home Offers Multiple Decks,Just A Short Distance From The Ocean And Nestled Among The Trees To Give You A Peaceful Landscape. Upgraded Kitchen Features New Stainless Appliances,New Washer/Dryer And Metal Roof. The Bonus Room Used To Be A Two Car Garage Which Can Be Converted Back. There Is A Private Entrance To The In-law Suite Which Was Previously Rented For $1,100 Per Month. This Includes A Guest Suite,Gas Fireplace And Kitchenette. The manager has listed the unit size as 2158 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017